According to Mike Finger of the San Antonio Express-News, the Spurs have not ruled out the possibility of offering four-time NBA All-Star DeMar DeRozan a maximum contract extension, which DeRozan became eligible for on July 14.
Per Finger, despite some outside speculation that DeRozan could be used as trade bait this offseason, the Spurs generally value the 30-year-old shooting guard’s presence in San Antonio and want to keep him around.
DeRozan’s current contract runs through the 2020/21 season, so a maximum contract extension would put DeRozan under contract with the Spurs through the 2023/24 campaign.
As for the value of the potential new contract, DeRozan’s salary for both the 2019/20 and 2020/21 seasons is approximately $27.7MM, so a max extension would see DeRozan earn $33.3MM, $36MM, and $38.6MM per season from the 2021/22 season to the end of the contract.
The total value of the new five-year contract would be $163,332,973, which just exceeds the value of Kristaps Porzingis‘ five-year contract with the Mavericks but falls short of Khris Middleton‘s new five-year contract with the Bucks.